Market Data to 50 Destinations from 1 Box in 7 Nanoseconds
June 19, 2012
An Australian financial technology startup Wednesday will be demonstrating at the 2012 Technology Leaders Forum of the Securities Industry and Financial Markets Association.a market data 'switch' that can sent a feed out 50 different destinations in under 7 nanoseconds.
That, says Zeptonics of Sydney, makes the device "ideal for 'fan-out' trading applications,'' from sending out of market data to monitoring networks.
The device works like an electronic version of the old patch panel type of telephone switch, said hardware principal David Snowdon. Connections between ports can be patched and re-patched with remote management software.
The market data swithc is aimed at brokers. trading firms and exchange operators. The device, called a ZeptoLink, works almost 100 times faster than packet switches that currently send out multicasts of market data, to reach recipients, the company claims.
The ZeptoLink device will be commercially released by the end of the year and is a counterpart to the ZeptoMux, released earlier this month.
That device was billed as the "world's fastest switching device,'' taking data in from one wire and sending it back out to another wire in 130 nanoseconds, according to Snowdon.
That, he said at at the 2012 Technology Leaders Forum and Expo of the Securities Industry and Financial Markets Association. is about one-fourth the transit time of Arista Networks switches, by his estimate.
Arista Networks is the brainchild of Sun Microsystems co-founder Andy Bechtolsheim.